C7A 9.09% 1.2¢ clara resources australia ltd

Ann: Capital Raising and SPP For Taronga Stage 1, page-27

  1. 416 Posts.
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    I love how they have had to come crawling back to the retail investors for cash. This time last year I remember a few people saying they would gladly chip in, but now ANW have ruined their rep so badly I'd be surprised if I saw $50k raised. Same terms as the offer, 1.1c? ANW, you've dragged us down to that level because of the raising, no point in retail investors buying new shares unless you want to save a few bucks on fees. EGM is looking pretty good right about now, I reckon we might see some more top 20 holders wanting to change management up.
 
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